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MarketScreener Homepage  >  Equities  >  Nyse  >  Autoliv, Inc.    ALV

AUTOLIV, INC.

(ALV)
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AUTOLIV INC : Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

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07/17/2020 | 06:34am EDT

Item 2.02 Results of Operations and Financial Condition.

On July 17, 2020, Autoliv, Inc. (the "Company") issued a press release announcing its financial results for the second quarter of 2020. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference. This press release contains certain references to financial measures identified as "organic sales," "adjusted operating income," "adjusted operating margin," "operating working capital," "adjusted earnings per share," "net debt," "adjusted EBITDA," "net cash before financing," "operating cash flow," "free cash flow," "cash conversion," and "leverage ratio," all of which are adjustments from comparable measures calculated and presented in accordance with U.S. generally accepted accounting principles (GAAP). These financial measures, as used herein, differ from financial measures reported under GAAP, and management believes that these financial presentations provide useful supplemental information, which is important to a proper understanding by investors of the Company's core business results. These presentations should not be viewed as a substitute for results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP financial measures presented by other companies. For an explanation of the reasons why management uses these figures, see the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the SEC on February 21, 2020.

Item 7.01 Regulation FD Disclosure.

On July 17, 2020, the Company issued a press release announcing its financial results for the second quarter of 2020. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

The information in Items 2.02 and 7.01 of this Form 8-K and the exhibit attached hereto as Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.



(d) EXHIBITS



99.1  Press Release of Autoliv, Inc. dated July 17, 2020.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).


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© Edgar Online, source Glimpses


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